Overview
What is Shared Services Health Plan Trust?
The Shared Services Health Plan Trust is a nonprofit organization in Selinsgrove, Pennsylvania, with a US address at 514 University Ave, ZIP code 17870. Its primary mission is to provide health, vision, and prescription benefits to employees and certain former employees of participating non-profit colleges and universities located within the Commonwealth of Pennsylvania. Through employer and participant contributions and reimbursements from a reinsurance policy, the Trust covers various health-related expenses and administrative costs.
Is Shared Services Health Plan Trust legitimate?
Shared Services Health Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Shared Services Health Plan Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Shared Services Health Plan Trust
The Shared Services Health Plan Trust is a mission-driven organization that focuses on providing essential health, vision, and prescription benefits to employees and certain former employees of participating non-profit colleges and universities located in Pennsylvania. By offering these vital benefits, the Trust ensures the overall well-being and peace of mind of its covered participants.
In order to fulfill this commitment, the Shared Services Health Plan Trust collects contributions from employers and participants, which are then utilized for the payment of various health, vision, and prescription claims, in addition to administrative expenses. The Trust's primary goal is to make healthcare accessible and affordable for those working in the non-profit education sector. By doing so, the organization enables these individuals to concentrate on their professional pursuits, while having the security and confidence that comes with comprehensive health coverage.
Moreover, the Shared Services Health Plan Trust acts as a vital support system for its members, ensuring they receive the necessary healthcare services and resources. This dedication extends beyond just the provision of benefits, as the Trust also prioritizes the maintenance of a comprehensive network of healthcare providers. In this way, the organization not only provides coverage, but also empowers its members to make informed decisions regarding their health and wellbeing. Overall, the Shared Services Health Plan Trust plays a pivotal role in enhancing the lives of its participating non-profit colleges and universities' employees and former employees by ensuring they have access to comprehensive and affordable healthcare benefits.
Impact
This information is meant to be a general summary of Shared Services Health Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Shared Services Health Plan Trust impacts the community by providing essential health, vision, and prescription benefits to covered participants, who are primarily employees and certain former employees of participating nonprofit colleges and universities in Pennsylvania. By utilizing employer and participant contributions, as well as reimbursements from a reinsurance policy, the trust ensures that its members have access to necessary healthcare services and medications. This not only promotes the wellbeing of the individuals covered by the plan but also contributes to a healthier and more resilient workforce within the nonprofit education sector.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$37,252,904
EMPLOYEE CONTRIBUTIONS
Revenue
$8,195,443
EXCESS LOSS INS. REIMBURSEMENTS
Revenue
$7,758,453
RETIREE CONTRIBUTIONS
Revenue
$634,166
COBRA DEPOSITS
Revenue
$300,932
Organization Details
Founding Year
2008
Phone
(717) 723-4600
Principal Officer
Jeeff Strader
Main Address
514 UNIVERSITY AVE, SELINSGROVE, PA, 17870
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Shared Services Health Plan Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.